Berry is a user‑friendly mobile lending app designed to deliver instant personal loans with simplicity and speed. Tailored for everyday Kenyans who require quick access to cash for emergencies, business needs, or personal expenses, Berry offers loans from as little as KSh 500 up to a maximum of KSh 50,000. The app leverages your mobile usage data and transaction history to assess creditworthiness quickly, ensuring that once approved, funds are credited to your M‑Pesa account within minutes. Berry’s mission is to provide low‑cost, secure, and simple loans that empower you to manage cash flow effectively.
Key Features of Berry
- Speedy Loan Processing: With a streamlined application process, Berry can approve your loan in as little as 120 seconds, ensuring that you get the money you need without delay.
- Simplified Application Process: Registering is easy—download the app, provide basic personal information, verify your identity, and submit your M‑Pesa statement for a quick credit check.
- Flexible Loan Limits: Depending on your income and repayment history, your borrowing limit can increase over time, reflecting your credit reliability.
- Transparent Pricing: All fees, including interest (which is competitive relative to market standards) and processing charges, are clearly outlined upfront, ensuring no hidden costs.
- Secure and Confidential: Berry uses advanced encryption methods to ensure that your personal data is safe and confidential.
- Ease of Repayment: The loan repayment process is integrated with M‑Pesa, allowing you to pay back your loan conveniently through “Lipa na M‑Pesa” or directly within the app interface.
Eligibility Criteria
To be eligible for a Berry loan, you should:
- Be a Kenyan citizen with a valid mobile number and active M‑Pesa account.
- Possess a smartphone that can install the Berry app from the Google Play Store.
- Be 18 years or older and provide your recent M‑Pesa transaction history for credit verification.
- Have a consistent source of income as reflected on your mobile money account.
How to Register and Apply
Download and Install: Visit the Google Play Store, search for the Berry app, and install it on your mobile device.
Sign Up: Open the app and complete the registration process by entering your name, national ID, date of birth, and mobile number.
Verify Your Identity: Provide permission for the app to access your M‑Pesa SMS statements for income verification.
Check Your Loan Limit: Once your registration is complete, the app will display your available credit limit.
Submit a Loan Application: Navigate to “Apply Now,” enter your desired loan amount (ensuring it falls below your limit), and submit your application.
Receive Funds: Upon approval, the amount is credited directly to your M‑Pesa account within minutes.
How to Repay Your Loan
Berry’s repayment process is straightforward:
Via M‑Pesa: Use “Lipa na M‑Pesa” by entering Berry’s paybill number (e.g., 977888) with your mobile number as the account identifier.
Within the App: Follow the step‑by‑step instructions provided in the Berry app to complete your loan repayment digitally.
Additional Tips and Benefits
Build Your Credit History: Regular, on‑time repayments will increase your borrowing limit over time.
User Support: Berry offers 24/7 customer service via in‑app chat and email, ensuring you receive prompt assistance.
Keep Your M‑Pesa Statement Updated: Accurate transaction records help the app better assess your creditworthiness, leading to improved terms on future loans.